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Recent Articles

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Goldman Sachs lowers 2022 US GDP forecast to 2.4% from 2.6% to reflect tighter financial conditions as Fed aggressively hikes interest rates, which are currently 'in the ballpark' of what's ultimately needed to cool wage and price pressures

Barclays warns of 5 percentage point hit to eurozone GDP and dive below dollar parity for euro if Russia stops supplying gas to Europe, as sanctions intensify over Ukraine war; pressure now on Europe to secure alternative gas supplies well before winter

UK GDP estimated to have declined by 0.1% in March following no growth in February; service sector fell by 0.2%, production output down by 0.2%: ONS

UK GDP in Q1 estimated to have increased 0.8% on gains in services, production and construction output; services output up 0.4%, largest contributors from information and communication, accommodation and food, transportation and storage industries: ONS

Morgan Stanley cuts India's GDP growth forecasts by 30 basis points to 7.6% for fiscal 2023, 6.7% for fiscal 2024 on global slowdown, weak domestic demand; Ukraine crisis has driven up crude prices, pushing India's retail inflation to highest in 17 months

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